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Global Big Data in Oil and Gas Market projected to rise 16.6% CAGR throughout the forecast period 2018 and 2026

Jan 10th 2019 at 1:06 AM

In order to study the various trends and patterns prevailing in the concerned market, Market Research Reports Search Engine (MRRSE) has included a new report titled “Big Data in Oil and Gas Market” to its wide online database. This research assessment offers a clear insight about the influential factors that are expected to transform the global market in the near future.

The Big Data in Oil and Gas market report provides analysis of the Big Data in Oil and Gas market for the period 2016 –2026, wherein the years from 2018 to 2026 is the forecast period and 2017 is considered as the base year. The report covers all the major trends and technologies playing a major role in the growth of the Big Data in Oil and Gas market over the forecast period. It highlights the drivers, restraints, and opportunities expected to influence the market growth during this period. The study provides a holistic perspective on the market’s growth in terms of revenue (in US$ Mn) across different geographical regions, namely North America, Europe, Asia Pacific, Middle East & Africa, and South America.

The market overview section of the report demonstrates market dynamics such as the drivers, restraints, and opportunities that influence the current nature and future status of this market, key trends, regulations and policies, IT spending analysis, ecosystem analysis, Porter’s Five Force Analysis, and PESTEL analysis of the market. A market attractiveness analysis has been provided for every segment in the report, in order to provide a thorough understanding of the overall scenario in the Big Data in Oil and Gas market. The report also provides an overview of various strategies adopted by key players in the market.

The report segments the market on the basis of component which are software and services. Software in the Big Data Oil and Gas market is further classified into data analytics, data collection, data discovery and visualization, and data management. Services are classified into consulting, system integration, and operation and maintenance. Further, the market is also segmented based on data type as structured, unstructured, and semi-structured. By application, the Big Data in Oil and Gas market is segmented into upstream (conventional, unconventional), midstream, downstream, and administration. The report provides in-depth segment analysis of the global Big Data in Oil and Gas market, thereby providing valuable insights at the macro as well as micro levels.

The report also provides the competitive landscape for the Big Data in Oil and Gas market, thereby listing out all the major players according to their geographic presence, market attractiveness, and recent key developments. The competitive landscape section of the report gives an overview about the market share of several key players for the year 2017. Big Data in Oil and Gas market data estimates are the result of our in-depth secondary research, primary interviews, and in-house expert panel reviews. These market estimates have been analyzed by taking into account the impact of different political, social, economic, technological, and legal factors along with the current market dynamics affecting the market growth. Moreover, the key takeaways section provided at the end of the competitive landscape section would help the operating companies to make the best moves in this market.

This report provides all the essential information required to understand the key developments in the Big Data Oil and Gas market, and growth trends of each segment and region. It also includes basic overview, sales area/geographical presence, revenue, strategy and developments under the company profile section. Also, the report provides insights related to trends and their impact on the market. Furthermore, Porter’s Five Forces analysis explains the five forces, namely buyers bargaining power, suppliers bargaining power, threat of new entrants, threat of substitutes, and degree of competition in the market. This report also provides a comprehensive ecosystem analysis of the Big Data in Oil and Gas market.

Primary research involves telephonic interviews, e-mail interactions, and face-to-face interviews for detailed and unbiased reviews on the Big Data in Oil and Gas market, across geographies. Primary interviews are usually conducted on an ongoing basis with industry experts and participants in order to get latest market insights and validate the existing data and analysis. Primary interviews offer first-hand information on important factors such as market trends, market size, competitive landscape, growth trends and outlook etc. These factors help to validate and strengthen secondary research findings and also help to develop the analysis team’s expertise and market understanding. Moreover, the data collected and analyzed from secondary and primary research is again discussed and examined by our expert panel.

Accenture, Datawatch, Drillinginfo, Inc., Hitachi Vantara Corporation, HortonWorks, Inc., IBM Corporation, MapR Technologies, Inc., Microsoft Corporation, Oracle Corporation, SAP SE, SAS Institute, Inc., Cloudera, Inc., Palantir Solutions, Capgemini SE, and OSIsoft LLC are some of the key players that have been profiled in this study. Details such as financials, business strategies, key competitors, recent developments, and other such strategic information pertaining to these players have been provided as part of company profiling.

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